Meals on Wheels of Palo Pintocounty Inc

Analysis

Meals on Wheels of Palo Pintocounty Inc is a registered charity in United States, based in Mineral Wells, TX. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Meals on Wheels of Palo Pintocounty Inc reported income of $384k and spending of $383k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $305k to $384k (+26%), an average of +5.9% a year. The sharpest change came in the year to September 2020, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels of Palo Pintocounty Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include My Brothers Keeper Task Force Inc ($384k), Southside Senior & Community Center ($384k) and Cy-Fair Helping Hands ($384k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Other salaries and wages came to $112k. At year end it held assets of $142k against liabilities of $6,403, net assets of $136k. It reported 6 employees.